BRIEF

on Sarama Resources Ltd. (CVE:SWA)

Sarama Resources Ltd. Appoints Davidson & Company LLP as New Auditor

On February 16, 2026, Sarama Resources Ltd., a company listed on ASX and TSXV, announced the appointment of Davidson & Company LLP as its new audit firm. This change is effective from February 13, 2026, following the resignation of the previous auditor, HLB Mann Judd, on February 10, 2026.

The Audit Committee of Sarama's Board of Directors accepted HLB Mann Judd's resignation and endorsed the appointment of Davidson & Co. The Board, adhering to this recommendation, tasked Davidson & Co as the auditor until Sarama's next Annual General Meeting.

A Notice of Change of Auditor was sent to both HLB Mann Judd and Davidson & Co, and both firms confirmed their agreement with the notice's contents in letters addressed to respective securities commissions. The complete Change of Auditor Package is accessible on Sarama's SEDAR+ profile.

R. E.

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